Answer:
(d) $2.18
Cost formula per machine hour for indirect material cost = $2.18
Explanation:
Actual Indirect material cost = $30,444
Actual hours = 17,700
Standard hours = 18,200
Spending variance for indirect material = $8,142
That is favorable,
Formula of spending variance = (Standard Price - Actual Price) Actual Quantity
= Standard Price Actual Quantity - Actual Price Actual Quantity = 1,842
Standard Price Actual Quantity = $8,142 + $30,444 = $38,586
Standard Price = $38,586/17,700 = $2.18
Final Answer
Cost formula per machine hour for indirect material cost = $2.18
The examples of firms and the goods they produce in the following market systems are:
Perfect competition- Foreign exchange markets.
Currency
Oligopoly - Auto Industry.
Cars.
Monopoly - Providers of water.
Water
Monopolistic competition - Restaurants
Food
Effective competition- Supermarkets
Wide range of products
<h3>What is Monopoly?</h3>
This refers to the situation where one business has total control of a market share and has no competition in the market.
Read more about monopoly here:
brainly.com/question/13113415
Answer:
Leverage Buyout
Explanation:
A leverage buyout occurs when a company is purchased by using a large amount of debt or borrowed cash to fund the acquisition of such company.
In other words, it occurs when a company purchases another by taking out a loan and uses assets of the acquiring company as a collateral for the new loan .
Hence, Tim and Andy using the assets of Univo corp as collateral portray that they are involved in a leverage buyout.
It’s either b or c I’m not sure tho